| Name | Restaurant Contents & Liquor License Auction |
|---|---|
| Auctioneer | Cowley Real Estate & Auction Companies |
| Type | Live Webcast Auction |
| Date(s) | 12/3/2018 - 1/29/2019 |
| Tuesday January 29 at 10am, Live and Online Bidding. Online Absentee bidding now until 10am auction day | |
| Preview Date/Time | Monday January 28 from 9 to noon, at 8am day of auction or by Appointment |
| Checkout Date/Time | Same Day |
| Location | 223 Northern Boulevard Clarks Summit, PA 18411 |
| Buyer Premium | 10% |
| Description |
Restaurant and bar equipment and furnishings including all refrigeration, stoves, tables, chairs, decor, POS, Walk-ins, Plates, Shelving and more. Lackawanna County Liquor License will be Auctioned Off.
|
Auction Terms & Conditions AUCTION TERMS
1. REGISTRATION: Bids will be accepted from registered bidders only. You MUST REGISTER at cowley1.com PRIOR TO BIDDING online. There is a one time $1.00 credit card registration/verification fee which allows access to the Auction Platform (AUCTION FLEX). Pre-paid Credit Cards are Not Accepted. A drivers License is required for registration if bidding Live, onsite. Registration finalizes the bidders agreement to the terms and conditions of the sale. Please read ALL the terms prior to bidding.
2. AUCTION SALE: All items will be SOLD TO THE HIGHEST BIDDER(S) REGARDLESS OF PRICE. All bidders are responsible to independently verify the age, functionality, model, description, opearbility and condition of all items,and should inspect items before bidding. Individual appointments will be considered at the option of the Auction Company.
Each item is offered and sold is its' "AS IS CONDITION" with any and all faults, in its condition at time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation and evaluation with respect to the items they wish to bid on, as they deem necessary or appropriate. ALL SALES ARE FINAL.
3. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER ONLY.
4. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning the auction sale.
5. BIDDING: PRE-SET Bid Increments for this Auction will be as follows:
BIDS UP TO: INCREMENTS:
$100.00 $10.00
$500.00 $20.00
$1,000.00 $50.00
$5,000.00 $100.00
$30,000.00 $200.00
Above $1,000.00
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 90.00 | 10.00 USD |
| 90.01 - 480.00 | 20.00 USD |
| 480.01 - 950.00 | 50.00 USD |
| 950.01 - 4,900.00 | 100.00 USD |
| 4,900.01 - 29,800.00 | 200.00 USD |
| 29,800.01 - 9,999,999.99 | 1,000.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | 10% |
| Payment Terms |
All items must be paid in full within 24 hours of the day of sale by wire transfer, credit card, cashiers check or pre-approved personal or business check made payable to Cowley Auction Company. Buyers will be provided a bill of sale. Any returned checks, including those for insufficient funds, will subject to a fee of $50.00 and buyer/bidder will be responsible for any additional bank fees incurred to recoup the amount owed. If paying with a credit card, total purchase amount is subject to a 3.75% processing/clearing charge. If paying by check, funds must clear auctioneer account prior to removal of merchandise from site. No exceptions, no arguments. ANY CHECKS ARE TO BE MADE PAYABLE TO: COWLEY AUCTION CO.
ONLINE BIDDERS: UNLESS PRIOR ARRANGEMENTS ARE MADE FOR PAYMENT, THE CREDIT CARD YOU REGISTERED WITH WILL BE CHARGED.
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Pick-up Only
Purchased items shall be considered the property of the successful bidder at time of the sale. The auction company DOES NOT provide equipment or labor to remove items purchased. Please arrive prepared to move items. Property may be removed, WITH EVIDENCE OF PAID RECEIPT,on the following dates & times: January 30 from 9:00am to 3:00pm or immediately following the auction until 4pm. Please schedule arrangements for pick up with the Auction Company. After January 29, pick-up will be by appointment only and will require a $50.00 appointment fee. Items not picked up within 7 days will be resold and no refund will be returned to customer. Pre-approved personal or business checks must clear before pick-up can take place. If the Auction Company helps move items, All help is paid by the buyer at a rate of $50/hour. Should the items need to be moved to a storage area, the buyer pays all moving costs and storage rental fees.
